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Past Directorships within 5 years
"Kimberley Diamonds Limited, which put itself into voluntary liquidation and was subsequently delisted from the Australian Stock Exchange."
Looks like a strong additional to the BOD *sarcasm*. Looks like the CEO is preparing for the future of the company, by getting a guy on the board who has been through liquidation and delist before... end of the road. Also, minerals.... really, from "Big Wheels", to "Lesuire Sector" to "African Minerals" this is clueless and it has cost shareholders their entire holdings.
from a useless company, looking at pervious interim results, its a complete copy/paste with the "continued to seek a potential project" being fed to shareholders as if they are making progress, go look at 2017 RNS which the exact same wording.
- No actual update on progress provided by CEO.
- 18K personal expenses for "business" trips to no project land, by the looks of things.
- An interest free loan, 3 months overdue.
- Payment delays continue on the Dallas project.
- Zero revenue / deals.
Completely shameful RNS after 8 months of 2019, and zero information given to shareholders about its future, no wait, it doesn't have a future.
What happened with the General legal battle that was going on with this share for 3 years? Did it become resolved?
I think the board of directors have ran into the wilderness as they refuse to face the questioning of 2? remaining investors.
Questions:
- Why is Rich Marin on the BOD when he has brought nothing of value, and 2 failed wheel investments.
- Why is the Mark still CEO of a company which has failed to bring value to investors in almost 6 years and lost 100% of its original IPO.
- Why has George Lucan randomly jumped on board a company on its last legs.
- Where is the news and the updates to investors to explain the new direction for the business, as they are clearly no longer the "Go To Guys" for big wheels.
- How are they going to recover the lost value over the past 5 n 3/5 years.
and your right londondan, they can't afford you as they don't seem to have the funds to hire at minimum wage.
Its 8 months into 2019, and not a single thing as happened. I doubt you'll get any statement from the company about this news. It would appear its all hot air at this point in time, kinda like the preivous news articles of the NYW.
I have decided to avoid any buy of shares here, the silence is clear here. Nobody knows whats going on and the company doesn't appear to provide any solid updates. Most likely insolvent to me.
Does this company own any percentage of the car park? I know there is a NYW $3million liability loss due to the failed investment, though its so silent its hard to determine if anything is going now, insolvent looks like a possibility. There was supposed to be "US$26,375 to be received on 31 July 2019" I wonder how this went.
Just Eat are own the majority if not all of the food delivery market now?
Looking into the background of the director deals, the CEO buys in the first half of the year, for 3 years running. I would of expected the trend to continue, however this hasn't occurred so far, a sign of trouble.
It's making me want to order a takeaway (:
Does anyone have any updates about this company?
well they pretty much own the entire UK/EU food delivery market now. DoorDash & UberEats are mainly american, and Deliveroo is slightly different business model
good rise to here today, after the drop